Innoveda Inc Salary

Innoveda Inc Salary

How much does the Innoveda Inc Pay for employees?

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As of May 2026, the average annual salary for employees at Innoveda Inc in the United States is $107,231. This translates to an approximate hourly wage of $52. Salaries at Innoveda Inc typically range from $94,421 to $121,110 annually, reflecting the diverse roles and experience levels within the company. Innoveda Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Innoveda Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Innoveda Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Innoveda Inc

Ready for your next career move? Explore current job openings at Innoveda Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Innoveda Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innoveda Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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90k
60k
30k
0
Average Salary ($/year)
Innoveda Inc
Software & Networking
Omilia Ltd
NETSTOCK Pty Ltd
Industry Comparison
Our data shows that, on average, compensation at Innoveda Inc is below the average for the U.S. Software & Networking industry by approximately 15%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Innoveda Inc average annual salary with several similar companies. Innoveda Inc average salary of $107,231 is lower than Omilia Ltd, which has an average salary of $112,864. It is higher than NETSTOCK Pty Ltd, with their average salary at $100,132. This places Innoveda Inc in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Innoveda Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Innoveda Inc. Click a company name to learn more.

Employee Reviews: Working at Innoveda Inc

Considering a career at Innoveda Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The company maintains a good reputation in the Retail & Wholesale industry, and operations run smoothly. Coworkers are friendly and always willing to help. A solid employer in the retail space. Strong team collaboration. I joined this company a year ago, and it’s been a positive experience.
Commented in March 26, 2025
20
2
The compensation is fair, and there are frequent incentives for high performance. It’s a fantastic place to grow in the retail industry. The management team is responsive and genuinely listens to staff concerns. There’s a good mix of challenges and rewards, making it a fulfilling place to work. Highly recommend for anyone in Retail & Wholesale. The company offers standard benefits, and the pay is ...
Commented in July 10, 2024
14
0
While there are standard training programs, I feel there could be more specialized skill development opportunities. The company also supports work-life balance with flexible shifts. Training programs are top-notch, helping employees excel.
Commented in March 05, 2024
26
2

Innoveda Inc Overview

Website
www.innoveda.com
Founded In
2000
Employees
100 - 200 employees
Industry
Software & Networking
Headquarter Address
293 Boston Post Rd W Marlborough Massachusetts MA 01752
Revenue
$10 Million - $50 Million
Phone Number
+1 5084800881
Social Media
About Innoveda Inc
Innoveda, Inc. (Nasdaq:INOV) is a leading provider of innovative software and services that help engineers visualize, design and build advanced electronic systems for companies participating in the telecommunications, transportation, computer and consumer electronics markets. The company enjoys a rich heritage of technical innovation from the merger of Viewlogic Systems, Inc. and Summit Design, In

What Benefits Does Innoveda Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innoveda Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Innoveda Inc.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Innoveda Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Innoveda Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innoveda Inc

1. How much does Innoveda Inc in the United States pay?

Innoveda Inc pays its employees an average of $107,231 per year. The average salary at Innoveda Inc range from $94,421 to $121,110 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Innoveda Inc employees get a higher salary than its peer company?

The salary at Innoveda Inc is lesser than its peer company. The average annual salary at Innoveda Inc is $107,231, or an hourly wage of $52, in comparison to Omilia Ltd which pays $112,864 per year or $54 per hour.

3. How much does salary increase with years of experience at Innoveda Inc?

Salary progression with years of experience at Innoveda Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Innoveda Inc vary by office location?

Yes, it's very likely that salaries at Innoveda Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Boston section provides more context.

5. Does Innoveda Inc offer good benefits?

Innoveda Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Innoveda Inc" section on this page.

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